It is recommended by the FinancialAdministration and Audit Committee that the Board of Directors accept and enter into the record the District’s audited financial reports relating to the year ended December 31, 2018 as prepared by staff and auditedby RTD's independent auditor, RubinBrown, LLP.

GM CORE AND TASK GOALS MET

Core Goal #3: Strong Financial Management

Task Goal #3: Ensure Fiscal Sustainability

Motion: Director Folska made the motion to move this item to the full Board at the May 14, 2019 Board Meeting.

Itisrecommendedbythe Financial Administration and Audit Committee thattheBoardofDirectorsauthorizetheGeneral Manager or his designee to execute all documents necessary to execute a contract to validate income and provide customer service to help manage LiVE Program eligibility applications through the State PEAK software system for an amount not to exceed $2,000,000. The contract is for five (5) years of application processing and customer service.

GENERAL MANAGER’S GOALS

Core Goal #3: Strong Financial Management

Task Goal #3: Ensure Fiscal Sustainability

Motion: Director Rivera-Malpiede made the motion to move this item to the full Board at the May 14, 2019 Board Meeting.

Director Williams seconded the motion.

Vote on the

Motion:Passed approved by acclamation, with 12 in favor and 1opposed (Menten).

It is recommended by the Financial Administration & Audit Committee that the RTD Board of Directors authorize the General Manager to approve a professional services contract award to Felsburg Holt & Ullevig to serve as the contractor for assistance in thepreparation of the Transportation Transformation (T2) Comprehensive (Comp) Plan for an amount not to exceed $3,999,511. Funding for this contract is included in the 2019 Adopted Budget for the T2 Comp Plan.

This action addresses four of the General Manager’s goals for 2019:

·Task Goal #4 – Address Future Transportation Needs and Methods

·Task Goal #3 – Ensure Fiscal Sustainability

·Core Goal #1 – Successful Delivery of Transit Services

·Core Goal #3 - Strong Financial Management

Motion: Director Folska made the motion to move this item to the full Board at the May 14, 2019 Board Meeting.

It is recommended by the Chair of the Board of Directors and the Executive Committee that the Board of Directors approve the revised RTD Board of Directors Governance Manual (Governance Manual), as presented to the Finance, Administration, & Audit Committee.

The Chair further recommends that, should additional changes be made going forward to any of the documents contained as appendices to the Governance Manual, which changes would necessitate non-substantive administrative or ministerial changes to the Manual itself, Board Office staff be permitted to incorporate those corresponding changes to the Governance Manual with the approval of the Executive Committee, but without the need for further Board approval.

It is recommended by the Chair of the Board of Directors and the Executive Committee that the Board of Directors approve the revised RTD Board of Directors Governance Manual (Governance Manual), as presented to the Finance, Administration, & Audit Committee.

The Chair further recommends that, should additional changes be made going forward to any of the documents contained as appendices to the Governance Manual, which changes would necessitate non-substantive administrative or ministerial changes to the Manual itself, Board Office staff be permitted to incorporate those corresponding changes to the Governance Manual with the approval of the Executive Committee, but without the need for further Board approval.

to Amend:Chair Tisdale moved to amend the recommended action and remove the language in 1.0, Section 3) regarding Colorado Public Official Disclosure Law to state that RTD Directors will comply to any applicable provision of Colorado Public Official Disclosure Law, which may require disclosure of certain financial information.

It is recommended by the Chair of the Board of Directors and the Executive Committee that the Board of Directors approve the revised RTD Board of Directors Governance Manual (Governance Manual), as presented to the Finance, Administration, & Audit Committee.

The Chair further recommends that, should additional changes be made going forward to any of the documents contained as appendices to the Governance Manual, which changes would necessitate non-substantive administrative or ministerial changes to the Manual itself, Board Office staff be permitted to incorporate those corresponding changes to the Governance Manual with the approval of the Executive Committee, but without the need for further Board approval.

It is recommended by the Chair of the Board of Directors and the Executive Committee that the Board of Directors approve the revised RTD Board of Directors Governance Manual (Governance Manual), as presented to the Finance, Administration, & Audit Committee.

The Chair further recommends that, should additional changes be made going forward to any of the documents contained as appendices to the Governance Manual, which changes would necessitate non-substantive administrative or ministerial changes to the Manual itself, Board Office staff be permitted to incorporate those corresponding changes to the Governance Manual with the approval of the Executive Committee, but without the need for further Board approval.

to Amend:Director Cook moved to amend the recommended action in Section 1.4 to state “Generally, the creation of policy and establishing strategic direction are Board functions whereas the implementation of policy is a staff responsibility. As is areas where the Board may cross into management include financial approval of contracts, fare structure, CEO/General Manager oversight and management.”

Presented by Heather McKillop, Chief Financial Officer and Assistant General Manager of Finance and Administration, Janette Scarpino, Senior Manager of Budget and Financial Analysis, and Susan Cohen, FasTracks Program Control Manager.